Coca-Cola FEMSA, S.A.B. de C.V. Receives Consensus Rating of “Hold” from Brokerages (NYSE:KOF)
Shares of Coca-Cola FEMSA, S.A.B. de C.V. (NYSE:KOF) have received an average rating of “Hold” from the eight analysts that are presently covering the stock, American Banking & Market News reports. Five investment analysts have rated the stock with a hold rating and three have assigned a buy rating to the company. The average 1-year target price among analysts that have issued a report on the stock in the last year is $133.05.
Coca-Cola FEMSA, S.A.B. de C.V. (NYSE:KOF) traded down 1.11% during mid-day trading on Wednesday, hitting $114.89. 76,506 shares of the company’s stock traded hands. Coca-Cola FEMSA, S.A.B. de C.V. has a 52 week low of $92.64 and a 52 week high of $149.66. The stock has a 50-day moving average of $114.7 and a 200-day moving average of $110.3. The company has a market cap of $23.816 billion and a price-to-earnings ratio of 27.04.
Coca-Cola FEMSA, S.A.B. de C.V. (NYSE:KOF) last issued its quarterly earnings data on Wednesday, April 30th. The company reported $0.84 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.82 by $0.02. Analysts expect that Coca-Cola FEMSA, S.A.B. de C.V. will post $4.81 EPS for the current fiscal year.
A number of research firms have recently commented on KOF. Analysts at JPMorgan Chase & Co. raised their price target on shares of Coca-Cola FEMSA, S.A.B. de C.V. from $105.00 to $140.00 in a research note on Tuesday. They now have a “neutral” rating on the stock. Separately, analysts at TheStreet upgraded shares of Coca-Cola FEMSA, S.A.B. de C.V. from a “hold” rating to a “buy” rating in a research note on Thursday, May 22nd. Finally, analysts at Zacks upgraded shares of Coca-Cola FEMSA, S.A.B. de C.V. from an “underperform” rating to a “neutral” rating in a research note on Tuesday, April 29th. They now have a $108.20 price target on the stock.
Coca-Cola Femsa SAB de CV (NYSE:KOF) is a Mexico-based producer and distributer of beverages, bottled water, juices, teas, isotonics and beer.
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